Profit triples at Cartier owner as UK sales rise

Richemont UK FY sales rise 5% to record £277m

Richemont has revealed that its UK sales rose 5.3% to a record £277m for the year ended 1 March 2025. Furthermore, the company’s gross profit rose from £113.6m to just under £124m with operating profit almost tripling from £12.5m to £32m. Meanwhile, its net profit for the year jumped from £8.7m to £21.67m. The results cover retail and wholesale for jewellery and watchmakers, but do not include Cartier or Watchfinder and Co., which report separat…

Richemont UK operating profit more than doubles

Drapers Richemont UK operating profit more than doubles Richemont UK has more than doubled its operating profit year on year, according to newly filed accounts at Companies House.The post Richemont UK operating profit more than doubles appeared first on Drapers.

Profit triples at Cartier owner as UK sales rise

Profit has almost tripled at the UK arm of the luxury goods giant behind the likes of Cartier, Net-a-Porter and Montblanc, new results have revealed. Richemont UK has posted a pre-tax profit of £30m for the 12 months to 31 March, 2025, according to its latest accounts which have been filed with Companies House. The total is up from the £10.2m pre-tax profit it achieved in the prior year. The new accounts also show the division’s revenue increase…